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Italian Business Lobby Calls to Speed up Roll-Out of Renewables

Jun 16, 2026

Italy's business lobby Confindustria has called for emergency action from the government to speed up the roll-out of renewable energy in the country, which is grappling with much higher power costs than in most of Europe.The recent increase…

ABL Group to Rebrand as Aqualis

Jun 16, 2026

Oslo-listed consultancy company ABL Group plans to change its name to Aqualis, seeking to eliminate confusion created by the use of ABL as both the name of the listed parent company and one of its operating businesses.The group provides marine…

MOL, Repsol and TPAO Advance Deepwater Libya Exploration Project

Jun 16, 2026

Hungary's MOL Group and its joint venture partners Repsol and Türkiye Petrolleri A.O. (TPAO) have signed a production sharing agreement for a deepwater offshore exploration block in Libya's Mediterranean waters, advancing plans for oil and gas exploration in the North African country…

Europe Needs 65-Ship CO2 Fleet by 2050 to Support CCS Growth, Xodus Finds

Jun 16, 2026

Europe will require a dedicated fleet of around 65 CO2 carriers and a network of 33 ports by 2050 to support the large-scale deployment of carbon capture, utilization and storage (CCUS), according to a new study led by energy consultancy Xodus…

Encomara Nets ABS Design Approval for Floating Wind Installation Tech

Jun 16, 2026

Scottish floating wind technology developer Encomara has received Product Design Assessment (PDA) approval from the American Bureau of Shipping (ABS) for its Squid floating offshore wind installation system, marking a key certification milestone…

THREE60 Energy Expands Role in Vår Energi's Activities Offshore Norway

Jun 16, 2026

THREE60 Energy has been awarded a new long-term project support agreement by Vår Energi, extending a longstanding relationship between the two companies in Norway.The agreement has an initial term of four years and includes options for extension…

Gulf Marine Services Restarts Ops of Evacuated Gulf Vessels

Jun 16, 2026

Gulf Marine Services (GMS) has retuned to service all four of its self-propelled, self-elevating support vessels that were temporarily evacuated from one Gulf country due to the prevailing geopolitical situation.The UAE-headquartered offshore…

Yinson Production Picks Eureka for FPSO Back-Up Power System

Jun 16, 2026

Offshore energy equipment supplier Eureka has secured a contract from Yinson Production to supply a backup power generator set for the Abigail-Joseph floating power, storage and offloading (FPSO) unit, which operates on the Anyala and Madu fields offshore Nigeria…

Bourbon Secures Subsea Services Contract on Ghana's Jubilee Field

Jun 16, 2026

Offshore services provider Bourbon has secured a multi-month subsea services contract for operations on the Jubilee field offshore Ghana, deploying the multi-purpose support vessel (MPSV) Bourbon Evolution 802 for a campaign covering inspection…

Equinor Drills Dry Wildcat Well in Norwegian Sea

Jun 16, 2026

Equinor and its partners have drilled a dry well in the prospect under the Heidrun field in the Norwegian Sea.The wildcat well 6507/8-D-4 CH was drilled in production license 124, 240 kilometers west of Sandnessjøen in the ‘Heidrun Cellar SE’ prospect…

AD Ports Group, Dajin Heavy Explore Offshore Wind Partnership Opportunities

Jun 16, 2026

AD Ports Group and offshore wind equipment manufacturer Dajin Heavy Industry have signed a memorandum of understanding (MoU) to explore cooperation in offshore wind supply chain development, maritime logistics, port infrastructure and strategic vessel investments…

ConocoPhillips Set to Sign Syria Gas Development Deal

Jun 16, 2026

U.S. oil and gas producer ConocoPhillips is set to sign a contract with Syria's new government to revive gas production, the Financial Times reported on Monday, citing two people familiar with the matter.ConocoPhillips and Novaterra Energy will…

ExxonMobil Applies for Exploration Permit Offshore Guyana

Jun 16, 2026

U.S. oil and gas major Exxon Mobil has applied for environmental authorization for a 35-well exploration campaign in Stabroek block, some 120 miles (193 km) off Guyana's Atlantic coastline, according to environmental regulator EPA.The campaign is expected to run from 2028 through 2033…

Inpex Shuts LNG Train at Ichthys as Strike Disrupts Operations

Jun 16, 2026

Japan's Inpex has shut one of two liquefied natural gas production trains at its Ichthys plant in Australia due to a strike, two people with knowledge of the matter said on Tuesday.The closure of Australia's third-largest LNG plant is likely…

Greece Approves Chevron Request to Lead Offshore Gas Exploration

Jun 15, 2026

Greece has approved Chevron's request to take over a 70% stake from Greece's Helleniq Energy in an offshore block southwest of Greece, the Greek energy ministry said on Monday, in a move that further expands the U.S. oil major's presence in the Mediterranean…

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